ESG Investment News and Announcements from Monarch Private Capital

Interview by Adam Mendler

Monarch Private Capital is proud to share that our Co-Founder and Co-CEO, George Strobel, was recently featured in an in-depth interview conducted by Adam Mendler, a nationally recognized authority on business and leadership.

Adam Mendler is the creator and host of Thirty Minute Mentors, a top-rated leadership podcast where he regularly interviews America’s most successful CEOs, founders, athletes, and public figures. With over 500 interviews and more than 70 published articles in major media outlets including Forbes, Inc., and HuffPost, Adam is widely regarded for his ability to draw out meaningful insights on leadership, strategy, and personal development.

In the interview, George reflects on the early experiences that shaped his career, the founding and growth of Monarch Private Capital, and the guiding principles that continue to drive our mission—creating long-term value through tax equity investments that deliver both financial returns and measurable community impact. He also offers thoughtful perspectives on entrepreneurship, team-building, and the importance of resilience and integrity in leadership.

Read the full article here.

Highlighting Scaled Impact, Strategic Innovation & Community Revitalization

ATLANTA (GLOBE NEWSWIRE) – Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating both federal and state tax credits, is proud to announce the release of its 2024 Impact Report called Touchpoints. The report captures a year of remarkable growth, with more than $3.4 billion in total economic impact, 1.7 GW of clean energy capacity added, and over 2,400 new affordable homes created. These outcomes reflect Monarch’s deepening commitment to sustainability and community development.

In this year’s edition of Touchpoints, Monarch documents how impact-driven capital continues to serve as a catalyst for positive change. Through powerful tools like adder credits, transferable tax strategies, and investment in tax equity projects, the firm is aligning innovative financial structures with community transformation. With over $14 billion in assets under management, Monarch has become a go-to partner for forward-thinking investors and developers committed to creating measurable, lasting outcomes.

Key Milestones & Highlights

• $3.4B in economic impact in 2024

• 1.7 GW of new clean energy financed

• 2,400+ affordable housing units created

• 18 historic rehabilitation projects

• 35K+ jobs

“Our 2024 impact report reflects more than numbers… it reflects our progress, purpose, and the power of our investments,” said Melanie Frontczak, Managing Director of Sustainability & Tax Credit Investments at Monarch Private Capital. “We’re proud of what we’ve built and even more excited about what lies ahead.”

Explore the 2024 Impact Report: Touchpoints [Insert link]

For more information about Monarch Private Capital, visit www.monarchprivate.com.

About Monarch Private Capital

Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The Company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.

Strategic hire underscores Monarch’s commitment to cutting-edge technology, data governance, and cross-functional excellence

ATLANTA (GLOBE NEWSWIRE) – Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating both federal and state tax credits, is pleased to announce that Michael Powley has joined the firm as Manager, Technology Innovation. In this newly created role, Powley will lead Monarch’s ongoing data transformation initiatives, driving the integration of cutting-edge technology solutions to optimize portfolio management, streamline business processes, and support strategic decision-making across the firm.

Powley’s efforts will be central to advancing Monarch’s vision for a fully integrated, data-driven organization. While anchored in the Asset Management group, his work will extend firm-wide, designing and implementing systems that enhance visibility, reduce redundancy, and enable real-time insights across the investment lifecycle.

“Monarch’s data analytics inform our decisions from the underwriting process all the way through project exit. Michael’s addition to Monarch demonstrates our commitment to integrating the best technology solutions available to leverage our data, eliminate latency, and drive value,” said Emily DiCenso, Managing Director of Asset Management at Monarch Private Capital. “His expertise will ensure we continue to differentiate ourselves in the industry with best-in-class policies and procedures that safeguard our investments and, in turn, our investors’ returns.”

Michael Powley brings over a decade of experience in data governance, business intelligence, and process automation. Prior to joining Monarch, Powley spent seven years at Midwest Housing Equity Group (MHEG), where he developed automation frameworks, predictive analytics models, and AI-driven solutions for asset management and underwriting. He also held a pivotal role at Lowe’s, where he helped develop state-of-the-art selling and fulfillment platforms, revolutionizing inventory management and operational efficiency.

At Monarch, Powley will continue his focus on building durable, intelligent systems that support the firm’s investment activities in affordable housing, renewable energy, and historic rehabilitation. His efforts will elevate Monarch’s ability to scale responsibly and remain at the forefront of industry innovation.

“Monarch’s commitment to leveraging industry-leading technology that bridges the gaps between data, people, and decisions is what drew me to the firm,” said Powley. “I’m excited to help grow how

Monarch uses analytics, automation, and AI to give our teams better tools to make our work easier, decisions clearer, and our impact even stronger.”

Outside of work, Powley enjoys life in Omaha, Nebraska, with his wife and three kids. He stays actively involved in the community, collaborating with local non-profits to solve challenges and build practical, tech-driven solutions that support their missions. For more information about Monarch Private Capital, visit www.monarchprivate.com.

About Monarch Private Capital

ATLANTA, May 1, 2025 (GLOBE NEWSWIRE) – Monarch Private Capital (Monarch) is proud to announce it has received the 2025 Award for Excellence in Tax Equity Impact Investing USA from Capital Finance International (CFI.co). This prestigious recognition highlights Monarch’s leadership in leveraging tax equity financing to catalyze high-impact investments across clean energy, historic rehabilitation, and affordable housing.

Since 2005, Monarch has generated over $7 billion in tax credits through more than 900 projects, strengthening communities and accelerating the clean energy transition. The CFI.co judging panel recognized Monarch’s exceptional technical, financial, and legal diligence, comprehensive investor disclosures, and tailored investment strategies as setting a new standard in the field.

A standout component of Monarch’s offering is its proprietary asset monitoring software, designed over three years to deliver customized performance tracking and robust quarterly and annual reporting. The firm’s approach integrates change-of-law protections, policy engagement, and individualized investment structuring, aligning with investor risk profiles and long-term sustainability goals.

“Tax equity is a vital financial tool that fuels the growth of clean energy, affordable housing and historic rehabilitation in the U.S.,” said George Strobel, Partner, Co-Founder and Co-CEO of Monarch Private Capital. “We are honored to receive this recognition from CFI.co, which reflects not only our technical and fiduciary rigor but also the mission-driven culture that inspires our team to drive impact every day. Monarch remains committed to delivering tailored, high-integrity investments that support our investors’ goals while advancing critical national priorities.”

The CFI.co judging panel also recognized Monarch’s exceptional talent retention and long-standing relationships with investors and developers, crediting these strengths for its success in structuring resilient, high-performing investment vehicles.

“Monarch Private Capital exemplifies the transformative potential of tax equity impact investing,” said Anthony Michael, Publisher at CFI.co. “Their deep commitment to transparency, investor alignment, and measurable outcomes distinguishes them as a true industry leader. We’re pleased to celebrate Monarch’s achievements with this year’s award for Excellence in Tax Equity Impact Investing in the U.S.”

For more information about the award, visit: https://cfi.co/awards/finance/2025/monarch-private-capital-excellence-in-tax-equity-impact-investing-usa-2025/

To learn about Monarch Private Capital, visit www.monarchprivate.com.

About Monarch Private Capital

Seasoned legal and transaction management professional brings deep experience in renewable energy investments to support Monarch’s growing clean energy portfolio.

In this newly-created role, Barnes will facilitate all aspects of investment execution, including onboarding, investment alignment, fund documentation, underwriting/closing, and subsequent fundings. He serves as a key liaison between Monarch’s investors and developer partners, working with internal placement, project management, operations, and asset management teams—ensuring a seamless and #bestinclass transaction process.

Barnes brings extensive tax credit structuring and legal experience to Monarch. Prior to joining the firm, he held several roles within the renewable energy division at U.S. Bank, most recently serving as Syndications Project Manager. In that role, he led investor communications and due diligence efforts, negotiated transaction documents, and facilitated the closing of tax credit investments. Earlier in his tenure at U.S. Bank, Barnes served as an Asset Manager, overseeing a portfolio of renewable energy investments and supporting risk mitigation efforts across legal, tax, and credit functions. Before transitioning into renewable energy finance, Barnes practiced law for nearly a decade, focusing on corporate transactions and contract negotiation for a wide range of clients and industries.

“Thomas brings a rare combination of legal acumen and transaction execution experience to our already strong team,” said Bryan Didier, Partner and Managing Director of Renewable Energy at Monarch Private Capital. “His ability to manage complexity, collaborate across functions, and drive high-quality outcomes for our investors will undoubtably enhance our #everbetter, #bestinclass execution process.”

In addition to his transaction responsibilities, Barnes will contribute to process innovation, cross-functional collaboration, and risk management strategies across Monarch’s clean energy portfolio.

“Monarch is known for its thoughtful, high-performing culture, and I’m excited to be a part of a team that prioritizes excellence and investor success,” said Barnes. “I look forward to contributing to a strong foundation that enables the firm to continue scaling with impact.”

Barnes earned his Juris Doctor from the University of Minnesota Law School and a Bachelor of Arts in English from the University of St. Thomas. Committed to giving back, he has volunteered with organizations including Catholic Charities, Feed the Children, and Project Offstreets, and has mentored and coached youth in both Minneapolis and Denver.

For more information about Monarch Private Capital, visit www.monarchprivate.com.

About Monarch Private Capital

Seasoned investment professional joins as Manager, Renewable Energy to support high-quality deal execution and process excellence across Monarch’s growing clean energy portfolio.

ATLANTA, April 8, 2025 (GLOBE NEWSWIRE) – Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating both federal and state tax credits, is pleased to welcome Jennifer Hua as Manager, Renewable Energy.

In this role, Hua will be responsible for identifying and executing on renewable energy opportunities that generate solid and de-risked returns for Monarch’s investors. Her focus includes sourcing, negotiating, structuring, and executing complex tax equity and credit transfer transactions across a diverse portfolio of renewable energy assets.

Hua brings a decade of energy sector experience to Monarch. Most recently, she served as Associate Vice President at Foss & Company, where she led due diligence and underwriting for a wide range of projects including solar, battery energy storage systems (BESS), renewable natural gas (RNG), fuel cells, and advanced manufacturing. Prior to that, Hua spent seven years at Williams Companies, where she held various roles, culminating in Business Development within the company’s New Energy Ventures division. Her experience includes behind-the-meter solar and storage development, M&A support, and counterparty risk management.

“Jennifer brings the right mix of experience, leadership, and creativity to help further develop Monarch’s #bestinclass processes,” said Bryan Didier, Partner and Managing Director at Monarch Private Capital. “We are building a team that’s not only highly skilled, but collaborative and forward-thinking—and Jennifer is exactly the kind of leader who will elevate the work we’re doing and help us scale with excellence.”

In addition to her transaction responsibilities, Hua will contribute to the #everbetter of Monarch’s #bestinclass processes, supporting efforts to ensure the highest quality in underwriting, risk analysis, and investor outcomes. As part of the Renewable Energy leadership team, she will collaborate on key initiatives to strengthen internal systems, improve cross-functional coordination, and advance consistency and quality for Monach’s clients across the transaction lifecycle.

“Monarch is doing the kind of work that moves the needle in clean energy, and I’m excited to join a team so committed to excellence and impact,” said Hua. “I look forward to contributing to a strong culture of collaboration and continuous improvement—particularly in how we close transactions, support investor outcomes, and scale through smart, standardized processes.”

Hua holds an MBA from the University of Tulsa and a BBA in Finance and International Business from the University of Oklahoma. She is an active member of Women of Renewable Industries and Sustainable Energy (WRISE) and the Junior League of Denver. Outside of work, she enjoys travel, skiing, cycling, and yoga.

For more information about Monarch Private Capital, visit www.monarchprivate.com.

About Monarch Private Capital

ATLANTA, April 2, 2025 (GLOBE NEWSWIRE) – Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating both federal and state tax credits, welcomes James O. (Jimmy) Etheredge, former CEO of Accenture – North America, as a member of the firm’s Executive Management Committee and a Managing Director of Corporate Solutions.

With nearly four decades of experience working with Fortune 500 companies to transform their businesses, Etheredge brings deep expertise in corporate transformation and strategic growth. As CEO, he grew Accenture’s North America business to $30 billion. He will lead a strategic initiative to optimize renewable energy, historic rehabilitation, and affordable housing tax strategies and solutions for institutional and corporate investors. His board roles at the Federal Reserve Bank of Atlanta, Southern Company, Encora, and Grant Thornton further position him to add long-term value to Monarch’s mission of delivering financial and social benefits through impact investment strategies.

“Joining Monarch is the culmination of a long-standing passion I have had for driving positive change through smart and innovative investments,” said Etheredge. “This opportunity allows me to leverage decades of financial experience, passion, and leadership to positively impact corporate America. I am honored to help Monarch scale its mission and align capital with real-world impact.”

“Jimmy’s ability to build lasting relationships and drive strategic innovation makes him an invaluable addition to Monarch,” said Robin Delmer, Partner, Co-Founder & Co-CEO at Monarch Private Capital. “His expertise in corporate growth and leadership in navigating evolving markets will strengthen our ability to deliver value to investors and the communities we serve.”

Beyond his executive leadership, Etheredge contributes to the Woodruff Arts Center, Atlanta Police Foundation, and the Boy Scouts of America through nonprofit board service. A Georgia native, Etheredge holds a B.S. in Industrial Engineering from the Georgia Institute of Technology, where he is a trustee and member of the university’s Hill Society.

Etheredge’s hire reinforces Monarch’s commitment to attracting proven business leaders who can help the company deliver unparalleled solutions to corporate tax equity investors. For more information about Monarch Private Capital, visit www.monarchprivate.com.

About Monarch Private Capital

Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of

federal and state tax credits. The Company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.

ATLANTA, February 19, 2025 (GLOBE NEWSWIRE) Monarch Private Capital, a national leader in impact investing, is redefining the future of tax equity investments with a landmark year of achievements in 2024. By strategically expanding its efforts across affordable housing, renewable energy, historic rehabilitation, and film, Monarch is not only generating billions in economic development but also driving transformative change in communities nationwide.

As demand for sustainable solutions and responsible investing reaches new heights, Monarch continues to lead the charge—investing in projects that create jobs, reduce carbon footprints, and provide critical housing solutions. With a new $275 million bond issuance, an innovative solar and battery storage initiative for low-income housing, and record-breaking project investments, Monarch is setting the stage for even greater impact in 2025 and beyond.

Unprecedented Growth Across Key Sectors In 2024

Renewable Energy: 75 new projects, generating $1.5 billion in tax credits and enabling $3.3 billion in clean energy investments—adding 1.7 GW of renewable energy capacity to the U.S. grid. This prevents an annual abatement of 1,530,807 metric tons of CO₂e emissions—equivalent to removing 319,014 homes’ electricity use for one year.
Affordable Housing: 23 new projects, unlocking $268 million in tax credits and $747 million in project capital, creating 2,429 affordable homes for families in need.

Historic Rehabilitation: 18 revitalization projects, bringing nearly $60 million in tax credits and over $500 million in redevelopment costs, breathing new life into historic properties—many in underserved communities.
New $275 Million Bond Issuance: Financing affordable housing projects to help close the housing gap in the U.S., ensuring more families have access to safe, stable homes.
Film & Entertainment: Brokered and financed $169 million in state tax credits for film, tv, and digital media, supporting 49 productions nationwide. These projects contributed to over $650 million in local production spending, driving economic growth and energizing creative industries across the U.S.

Fueling the Future: Clean Energy Meets Affordable Housing

With an unwavering commitment to innovation, Monarch is redefining affordable housing through its groundbreaking Monarch Strategic Ventures initiative.

This forward-thinking program is integrating solar energy and battery storage into low-income housing income (LMI) communities—targeting a 20% reduction in tenant’s electricity bills while making affordable housing more sustainable. But the impact goes beyond cost savings:

Creating new construction jobs during installation
Generating ongoing employment in operations, maintenance, and administrative roles
Reducing environmental impact while improving energy resilience for vulnerable communities
Enhancing grid flexibility to balance burgeoning electricity demand growth

“We don’t just invest in projects—we invest in people, communities, and the future,” said George Strobel, Partner, Co-Founder, and Co-CEO of Monarch Private Capital. “With the launch of our $275 million bond initiative and our expansion into clean energy housing solutions, we are scaling our impact like never before. We are building a stronger, more sustainable, and more equitable future—one investment at a time.”

Monarch’s Legacy: A $37 Billion Economic Impact

Since 2005, Monarch Private Capital has turned tax equity investments into real-world impact, delivering:

Nearly 50,000 affordable housing units built
More than 300,000 jobs created
4.7 GW of renewable energy capacity to the U.S. grid, preventing an annual abatement of 4,157,534 metric tons of CO₂e emissions—equivalent to removing C02 emissions from 866,412 homes’ electricity use for one year
The revitalization of 187 historic buildings
$7.2 billion in tax credits leveraged across 42 states and Washington, D.C.
$18 billion in project capital mobilized

And the momentum is only growing.

By combining financial expertise with a bold vision for the future, Monarch Private Capital is positioned to drive unprecedented impact in 2025—expanding access to affordable housing, accelerating the transition to clean energy, and strengthening communities across America.

Join the Movement.

For more information, please contact George Strobel at gstrobel@monarchprivate.com.

About Monarch Private Capital

Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs and homes. The funds provide predictable returns through the generation of federal and state tax credits. The Company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.

ATLANTA (GLOBE NEWSWIRE) – Monarch Private Capital (Monarch), a nationally recognized impact investment firm, is proud to support South Carolina’s rapid economic growth. According to U.S. Census Bureau data, South Carolina’s population grew by 1.7% from July 2022 to July 2023, making it the fastest-growing state in the nation during that period (U.S. Census Bureau, December 2023).

Much of this growth is the result of incentives—some in the form of tax credits. South Carolina has become a far more attractive home to companies and individuals considering a move. The South Carolina Historic Credit, Mill Credit, and Abandoned Building Credit have rejuvenated downtown areas, communities, and economically depressed areas through the revitalization of historically significant buildings, abandoned mills, and factories. Additionally, the Low Income Housing Tax Credit has incentivized the development of affordable homes and workforce housing, making South Carolina appealing to both companies and individuals.

Monarch is a major investor in these tax credit programs, having invested in 92 projects throughout South Carolina, and is thrilled to see the profound effects these projects are having on the state’s communities.

If you would like to participate in this economic transformation and acquire South Carolina tax credits to reduce your tax liability, please contact Jay Sinsley at Monarch Private Capital at jsinsley@monarchprivate.com.

About Monarch Private Capital

Contact us for more information about impact investing, federal and state tax credits.